Shengtun Mining Industry: Indonesia Youshan Nickel Industry 34000 tons of nickel metal high matte project currently produces nickel-iron

Recently, Shengtun Mining said that the company's Youshan Nickel Company Indonesia 34000 tons of nickel metal high nickel matte project will be put into production in December 2010. the current production product is Ferro Nickel. It has a smooth operation and stable output in 2021 and can reach full production.

If in the future, with the needs of the business development of the listed company, the company begins to engage in the production of high nickel matte products, the controlling shareholder Shengtun Group and the actual controller promise to benefit the interests of the company on the premise that the conditions permit, within six months since the company began to produce high nickel matte. Through mergers and acquisitions, asset disposal, equity transfer, business entrustment, equity entrustment or give new business opportunities to the company and its controlled enterprises and other ways to solve the problem of inter-industry competition in high matte business.

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